Quote from DOUCHE2:
WOW!!! This is hilarious coming from you, Jack, given how many times you've TRAPPED YOURSELF with delusional claims of grandeur (like routinely making 3X daily range in ES)!!!!
I'm sure my comment on intelligence is humorous to a lot of people.
Here is a record of the smart money the second half of today. Take a look at 12:40 -41 (tucson time) on the YM, ES and this chart. Use a 2 min and OTR for the YM and Use a 5 min and OTR for the ES.
Now use the formula for Stretch /Squeeze at about the 100 millisecond level and pull off the reversal signals for the smartest of the smart money.
Don't confuse the "herd" signals with the smart money signals. The herd drags its tail over the line lastly.
SKO asked about the "first opportunity" to reverse and he also asked about the "last opportunity" to reverse. Why don't you just construct a window to pick off the whole interval.......
As the OP suggested, even if you are given the whole nine yards, you just do the lump of coal thingy or criticize those people who are trading at money velocities beyond your ability to consider or reason through.
No one expects the OP to understand backtests, alternatives to induction, trading intraday, or not having a daughter. He does understand why you don't produce any successful testing. To test a person has to understand what to test. Here you get to test smart money leading the markets; you have the formula as well and the data feeds that show the leading/lagging markets.
The visual output given you is 10 times slower than a slow test frequency to get turns carved within a window is already explained and documented (for your reference) on a OTR level. (Google the SKO conversations and google nested fractals)
You can regard this post as informative (and referenced in every way needed to trade it) and very much on the mark for at least 3x the daily range today.
No one expects you to perform; it is not your nature to do anything but
crap.
All of the above is neither TA nor FA, it is just how behavioral analysis (BA)works. How does the minority of smart money rule the markets????